Africa Western and Central vs Philippines: Total reserves
Total reserves over time
- Africa Western and Central
- Philippines
How they compare
Philippines currently reports 77.5% against 33.7% in Africa Western and Central, a difference of 43.8%.
That makes Philippines's figure about 2.3 times Africa Western and Central's.
The two have swapped places 2 times across 28 shared years of data; in 1991 it was Philippines ahead.
Africa Western and Central ranks 25th and Philippines ranks 22nd of 40 groups.
Across the 4 decades both report, Africa Western and Central averaged higher in 1 and Philippines in 3.
Head to head by decade
| Decade | Africa Western and Central | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.3% | 20.2% | 10.9% | Philippines |
| 2000s | 51.2% | 36.3% | 14.9% | Africa Western and Central |
| 2010s | 53.6% | 106.7% | 53.2% | Philippines |
| 2020s | 33.1% | 106.8% | 73.8% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves, Africa Western and Central or Philippines?
- Philippines, at 77.5% against 33.7% in Africa Western and Central as of 2024.
- What is the difference in total reserves between Africa Western and Central and Philippines?
- 43.8%, with Philippines ahead.
- How many years of comparable data are there for Africa Western and Central and Philippines?
- 28 years are reported by both, from 1991 to 2021.
- How do Africa Western and Central and Philippines rank globally for total reserves?
- Africa Western and Central ranks 25th and Philippines ranks 22nd of 40 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Total reserves (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.